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3 years ago

List five steps of the budget process

Business

1 answer:

tatuchka [14]3 years ago

4 0

Answer:

1)The President submits a budget request to Congress

2)The House and Senate pass budget resolutions

3)House and Senate Appropriations subcommittees "markup" appropriations bills

4)The House and Senate vote on appropriations bills and reconcile differences

5)The President signs each appropriations bill and the budget becomes law

Explanation:

I put the five federal budget process steps. Hope this helps :)

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Solnce55 [7]

Answer:

Transaction 1

Debit : Cash ($1,000 x 1,000) $1,000,000

Credit : Bond Payable $1,000,000

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Transaction 3

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Credit : Bond Payable $278,190

Explanation:

On each issuance date recognize a cash inflow and a liability - Bond Payable to the extent of the amount paid on issue.

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4 years ago

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3 years ago

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nikklg [1K]

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